Breaking: Terraform Labs co-founder Do Kwon reportedly arrested in Montenegro
The former blockchain executive is wanted by Interpol for his role in the $40-billion collapse of the Terra ecosystem in May 2022. This post was originally published on this site
1 year after $11M LUNC bets: Do Kwon wanted, funds paid, hedge stuck on FTX
Terra Luna former co-founder Do Kwon, who lost $11 million in two bets, is currently wanted by Interpol and is reportedly hiding in Serbia. This post was originally published on this site
FTX and Alameda Research Collapse Sad Event but ‘Good for the Long Run’ Says DWF Labs Managing Partner
While the collapse of the crypto exchange FTX and its affiliate Alameda Research is thought to have left many crypto players, including market makers, in the worst possible position, according to Andrei Grachev, managing partner at DWF Labs, this incident may have helped to “flush out companies that were not sustainable enough to operate during […]
‘Ethereum Killers’ Managed to ‘Kill’ Themselves in 2022 Rather Than Beat the Smart Contract Economy’s Heavyweight Champ
At the end of 2021, a myriad of people thought a handful of smart contract platform tokens, often referred to as ‘Ethereum killers,’ would flip the second-largest crypto asset in terms of market capitalization in 2022. As 2022 comes to an end, statistics show that none of the so-called ‘Ethereum killers’ have surpassed the leading […]
2022’s Market Review: Crypto Economy Loses $1.4T, Top 10 Token Knockouts, Terra’s Collapse
2022 is coming to an end and during the last 12 months, the crypto economy has lost roughly $1.486 trillion in value against the U.S. dollar. On Dec. 20, 2021, bitcoin was trading for $46,406 and it has lost more than 63% in value year-to-date, while the second leading crypto asset ethereum shed 69% against […]
Do Kwon Of Terra (LUNA) Denies Cashing Out $64M In Bitcoin (BTC)
The global manhunt for TerraForms Lab CEO Do Kwon continues, but there’s a twist in the plot. Previously, South Korean authorities requested well-known crypto exchanges KuCoin & OKX to freeze 3313 Bitcoins (BTC) that are tied to Do Kwon or TerraForm Labs. Right after the news surfaced on numerous media outlets, Do Kwon voiced his […]
Do Kwon Publicly Taunts Interpol’s Red Notice As The Global Chase Escalates
The intensified search for TerraForm Labs founder Do Kwon continues. South Korean authorities yesterday confirmed that Interpol has issued a Red Notice for the infamous founder of Terra (LUNA). However, Do Kwon himself broke the silence on Twitter and denied putting any effort into hiding. Moreover, Kwon was asked what his stance was on Interpol’s […]
Do Kwon Enters Interpol’s Most Wanted List As Terra Luna Classic (LUNC) Nosedives
South Korean authorities have had enough of Do Kwon’s evasive behavior, as the TerraForm Labs CEO reportedly left Singapore, where he had been living for the entirety of 2022, on September 17th, 2022. Terra (LUNA), relocated its headquarters from South Korea to Singapore due to being under investigation for tax evasion charges in CEO Do […]
Terra (LUNA): Project Review, Recent Developments, Future Events, Community
Relaunched Terra 2.0 chain is undergoing a major rebranding and development in a bid to reclaim its lost position. Terra has launched Terra Docs, the official documentation for the project and rebranded its website. SOLID, an over-collateralized and fully decentralized soft-pegged stablecoin has also been launched on the Terra 2.0 chain. The growing interest in […]
Terra Luna Classic (LUNC) Tops Shiba Inu (SHIB), South Korea Orders to Arrest Do Kwon
The relaunched version of Do Kwon’s Terra, the Terra Luna Classic (LUNC) has made waves on Twitter lately. Tags like #LUNCArmy and $LUNC have been constantly trending on the social platform for the past week. KuCoin, a well-known crypto exchange that serves from Victoria, Seychelles, has announced the TOP 10 most popular cryptocurrencies by weekly […]